First Performance Period definition
Examples of First Performance Period in a sentence
For purposes of this Award Agreement, “First Certification Date” means the date on which the Administrator certifies in writing the Company’s Achievement Percentage for the First Performance Period, which shall occur no later than February 15, 2027.
For purposes of this Award Agreement, “Performance Period” means each of the First Performance Period and the Second Performance Period, as applicable.
Such number of Performance Stock Units shall become “Vesting Eligible PSUs” with respect to the First Performance Period on the First Certification Date as is determined by multiplying (A) fifty percent (50%), by (B) the Target Number of Performance Stock Units (as adjusted pursuant to any Anti-Dilution Increase prior to such date), by (C) the Achievement Percentage for the First Performance Period.